$375,000
SOLD FEB 27, 2015
-- Bed
-- Bath
3,162 Sq Ft
1900 Built

Recently Sold

$119 Per Sq Ft

6% Below List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Baseboard Heating
  • No HOA
  • Ceiling Fan
  • 5-minute walk to 32nd Street Park

About This Home

As of March 2015

Well maintained 4 unit townhouse. Fully leased w/laundry in each unit. Convenient to JHU, Union Memorial Hospital, Baltimore Museum of Art, Waverly Farmers Market, Penn Station, downtown and shopping, restaurants and coffee shops. Rents are as follows: 1st = $1000, 2nd = $995, 3rd = $1075, basement = $875. Showings limited to 11 am - 5 pm M - F. Subject to CVCBD surtax.

Last Agent to Sell the Property

John Spurrier

Cummings & Co. Realtors Listed on: 01/15/2015

Cummings & Co. Realtors

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,271

Year Built

  • Built in 1900 | Remodeled in 2012

Lot Details

  • Property is in very good condition

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Plaster Walls
  • Rubber Roof

Interior Spaces

  • Ceiling Fan
  • Wood Flooring
  • Gas Oven or Range
  • Stacked Washer and Dryer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Front and Rear Basement Entry

Utilities

  • Cooling Available
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for repairs, insurance, real estate taxes, advertising/licenses and permits, all utilities
  • Tax Lot 026
  • Assessor Parcel Number 0312193859 026

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Charles Village Subdivision

Building Details

  • Operating Expense $7,255
  • Net Operating Income $33,809

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,271

Year Built

Built in 1900 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2012
  • Remarks Public: Well maintained 4 unit townhouse. Fully leased w/laundry in each unit. Convenient to JHU, Union Memorial Hospital, Baltimore Museum of Art, Waverly Farmers Market, Penn Station, downtown and shopping, restaurants and coffee shops. Rents are as follows: 1st = $1000, 2nd = $995, 3rd = $1075, basement = $875. Showings limited to 11 am - 5 pm M - F. Subject to CVCBD surtax.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Stacked, Washer, Dryer, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Basement: Yes
  • Basement Type: Front Entrance, Rear Entrance, Partially Finished, Walkout Stairs, Full
  • Price Per Sq Ft: 126.19
  • Street Number Modifier: 3022

Exterior Features

  • Construction Materials: Brick
  • Road Surface Type: Alley
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454

Lot Info

  • Improvement Assessed Value: 189100.00
  • Land Assessed Value: 90000.00
  • Lot Size Units: Square Feet
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Repairs, Insurance, Taxes - Real Estate, Advertising/Licenses And Permits, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12957456
  • Tax Annual Amount: 6271.21
  • Assessor Parcel Number: 0312193859 026
  • Tax Lot: 026
  • Tax Total Finished Sq Ft: 3162
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/27/2015

Multi Family

  • Gross Income: 47340.00
  • Metering: Electric Separate, Gas Separate, Fully Separate
  • Operating Expense: 7255.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
Feb 27, 2015
Sold by
Chang Ethel
Bought by
Rizk Salim and Rizk Mary Ann Y
Seller's Agent
Ben Frederick
Live BFR, LLC
Buyer's Agent
Ben Frederick
Live BFR, LLC
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$682,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,922
Avg. Annual Appreciation
5.84%
Original Mortgage
$281,250
Outstanding Balance
$104,546
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$572,775

Purchase Details

Closed on
Sep 23, 2008
Sold by
Aspell Edward T
Bought by
Chang Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2005
Sold by
Hgp Llc
Bought by
Aspell Edward T and Aspell Christine D

Purchase Details

Closed on
Nov 19, 2004
Sold by
Aaron Albert G
Bought by
Hgp Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $375,000 Cotton Duck Title Company
Deed $360,000 --
Deed $315,000 --
Deed $183,333 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 New Conventional
Previous Owner $284,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $288,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2015 03/02/15 Sold $375,000 0.0% $119 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $375,000 0.0% $119 / Sq Ft
02/27/2015 02/27/15 Sold $375,000 -6.0% $119 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $399,000 -- $126 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,794 $441,300 $90,000 $351,300
2024 $9,794 $416,967 $0 $0
2023 $9,222 $392,633 $0 $0
2022 $8,692 $368,300 $90,000 $278,300
2021 $8,660 $366,933 $0 $0
2020 $7,840 $365,567 $0 $0
2019 $7,779 $364,200 $90,000 $274,200
2018 $7,240 $335,833 $0 $0
2017 $6,658 $307,467 $0 $0
2016 $6,269 $279,100 $0 $0
2015 $6,269 $266,067 $0 $0
2014 $6,269 $253,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001118321

Bright MLS

APN: 3859-026